International Steel Mills
September 15, 2013
Hyundai Steel Starts 3rd Blast Furnace
Written by Sandy Williams
In light of the statistics shared earlier in this newsletter regarding South Korean shipments of hot dipped galvanized into the United States by port. We thought our readers would be interested in learning that South Korean steelmaker; Hyundai Steel is expanding their production capabilities (even with 700+ million metric tons of capacity in neighboring China).
South Korea’s Hyundai Steel flexed its market share muscles with the start-up of its third blast furnace on Friday. The newest furnace increases Hyundai Steel’s capacity by 4 million tonnes to 12 million tonnes (13.22 million net tons).
